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Top Financial Advisors in Thousand Oaks, CA

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding a Top Financial Advisor Firm in Thousand Oaks, California

If you’re looking for a financial advisor in Thousand Oaks, California, we can help you narrow your search. SmartAsset conducted in-depth research to identify the top financial advisor firms in the area. Below, we detail each firm’s assets under management (AUM), fee structure and investment strategy to help you make the best decision. If you’d like additional help finding an advisor, SmartAsset’s free financial advisor matching tool connects you with up to three advisors who serve your area.

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 De Groote Financial Group, LLC De Groote Financial Group, LLC logo Find an Advisor

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$562,690,300 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
2 Professional Planning Professional Planning logo Find an Advisor

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$186,945,786 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
3 MFA Wealth Services MFA Wealth Services logo Find an Advisor

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$207,623,842 No set account minimum
  • Financial planning
  • Portfolio management

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management

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4 Pacific Financial Strategies, Inc. Pacific Financial Strategies, Inc. logo Find an Advisor

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$145,265,781 No set account minimum
  • Financial planning
  • Portfolio management
  • Educational seminars

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Educational seminars
5 Cedarstone Advisors Cedarstone Advisors logo Find an Advisor

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$142,746,390 $500,000
  • Financial planning
  • Portfolio management

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management
6 Winters Financial Group, Inc. Winters Financial Group, Inc. logo Find an Advisor

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$136,000,000 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Advisor selection

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Advisor selection

What We Use in Our Methodology

To find the top financial advisors in Thousand Oaks, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure are ranked higher.

All information is accurate as of the writing of this article. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria.

De Groote Financial Group

De Groote Financial Group is a mid-sized, fee-only financial advisor firm. Its team of advisors boasts certifications such as certified financial planner (CFP) and chartered financial analyst (CFA). The firm does not have a specific investment minimum, meaning just about anyone can become a client.

De Groote manages the assets of mostly individuals above and below the high-net-worth threshold. The firm also works with a handful of institutional clients, such as pension plans, profit-sharing plans and corporations.

De Groote Financial Group Background

De Groote Financial Group was founded in 2013. Today, it is still owned by Douglas C. De Groote, who also acts as the managing director of the firm. David Darst and Andrew Krout are the firm's co-chief investment officers (co-CIOs).

The firm’s services include financial planning, cash flow forecasting, asset allocation planning, retirement planning, estate planning, investment consulting, insurance needs analysis and investment management.

De Groote Financial Group Investment Strategy

The primary type of investment used by De Groote Financial Group are exchange-traded funds (ETFs). Separate account managers, private placement funds, real estate investment trusts (REITS), bonds and individual stocks are also used.

Fundamental and technical analysis are the primary methods used to find the right investments for clients.

Professional Planning

Professional Planning is up next on our list. The firm offers investment advisory, financial planning and retirement plan services to individuals, most of whom do not have a high net worth. Its client base also includes high-net-worth individuals, business entities, trusts, estates and charitable organizations.

Professional Planning has a fee-based fee structure, so advisors earn transaction-based fees as insurance agents or brokers. This could create a potential conflict of interest, but the firm has a fiduciary duty to put its clients' interests before its own.

Most of the firm’s advisors have the certified financial planner (CFP) designation, but they also hold such certifications as the chartered retirement planning counselor (CRPC) and the retirement income certified professional (RICP) designations. Professional Planning has no specified account minimum.

Professional Planning Background

Professional Planning was founded in 1973 by Melvyn A. Nachman. In addition to its main services, the firm also offers insurance and estate planning on a separate fee basis. Professional Planning also offers tax resources, including tax forms, IRS tax publications, tax rates and a tax calendar. 

Professional Planning Investment Strategy 

Professional Planning emphasizes on its website that it aims to earn long-term capital growth for each of its clients. The firm employs long-term purchases, but also short-term purchases. It categorizes long-term purchases as securities that are held for at least one year. The firm considers short-term purchases to be securities sold within a year. 

Professional planning also strives to maximize client success by using charting, fundamental analysis and technical analysis in its investment decisions.

MFA Wealth Services

MFA Wealth Services comes in next on our list. Most of the firm’s client base consists of non-high-net-worth individuals, and the practice doesn't currently serve institutional clients. It also works with high-net-worth individuals.

MFA Wealth Services provides wealth management on a fee-based fee structure. This means that advisors, in their roles as brokers or insurance agents, can earn transaction-based fees in addition to client fees. This could create a potential conflict of interest. However, the firm is a fiduciary, which means it must act in the client's best interest.

The firm doesn’t have an account minimum, but it charges clients a minimum fee of $250 per quarter or $350 per hour. Each of the firm’s advisors have earned the certified financial planner (CFP) designation, along with one of them being a certified public accountant (CPA).

MFA Wealth Services Background

Originally named Meador Financial, Inc., MFA was founded by Jerry Meador in 2002. In 2019, Michael E. Garner and Christopher D. Mattern both took ownership of the company. Garner and Mattern both work at MFA today.

The firm mainly provides investment management and financial planning services. The latter may include education, estate, tax and trust planning services. 

MFA Wealth Services Investment Strategy

MFA considers a number of client factors when crafting its investment advice. These include time horizon, risk tolerance, expected rate of return, asset class preferences, income needs and legacy objectives.

The firm incorporates modern portfolio theory when determining asset allocations. When implementing portfolios, MFA generally utilizes mutual funds, individual stocks and bonds, exchange-traded funds (ETFs) and covered options. It employs fundamental analysis when evaluating securities.

Pacific Financial Strategies

Next up on our list is Pacific Financial Strategies. With no account minimum, the firm works mostly with non-high-net-worth individuals. It also serves some high-net-worth individuals, though.

Some advisors are also insurance agents. In these roles, they can earn sales commissions on insurance products, making the firm fee-based. This potentially poses a conflict of interest. But as an SEC-registered firm, Pacific Financial is legally required to work in clients' best interests.

Pacific Financial Strategies Background

Pacific Financial was established in 2002 by president and founder Joseph Arthur Garcia. Garcia still owns the firm to this day.

The firm specializes in portfolio management, but it also offers financial planning, pension consulting and insurance planning services. The firm’s financial planning and consultation services may also include estate, charitable, education, business and corporate and personal tax planning. 

Pacific Financial Strategies Investment Strategy

Pacific Financial employs a number of strategies in its portfolio management. These include long-term purchases, short-term purchases, trading and margin transactions. Overall, the firm believes in long-term investments and works to reduce risk while maximizing return. 

Pacific Financial chiefly uses bonds, individual stocks, exchange-traded funds (ETFs) and mutual funds when constructing portfolios.

Cedarstone Advisors

Cedarstone Advisors is a fee-only shop, which means that its advisors do not earn commissions from third parties. Instead, the entirety of the firm's compensation comes from client-paid fees. There is a $500,000 minimum account size at this firm, though it may be willing to take on clients with less than that.

Investment advisory fees at Cedarstone are based on a percentage of your overall assets under management (AUM). On the flip side, financial planning services come with an hourly fee rate.

Typical clients of the firm include non-high-net-worth individuals, with a number of high-net-worth individuals as well. There are also a handful of institutional clients at Cedarstone, including retirement plans, businesses and charitable organizations.

Cedarstone Advisors Background

Cedarstone Advisors was founded in 2014 by firm president Steve Coker. Coker is still the principal owner of the firm today, and he is also a certified financial planner (CFP).

Clients of this firm will have access to services like general investment advice, financial planning, retirement planning, estate planning and portfolio customization.

Cedarstone Advisors Investment Strategy

The team at Cedarstone Advisors uses fundamental, technical and cyclical analysis to put together investment plans for clients. Another important aspect of these plans is diversification, which the firm uses to protect your investments from volatility as much as possible. In order to achieve a strong level of diversification, the firm may decide to use asset allocation models for your portfolio.

Cedarstone mainly invests in mutual funds and exchange-traded funds (ETFs). However, its advisors may be open to investing in other types of securities as well.

Winters Financial Group

Winters Financial Group rounds out our Thousand Oaks list. The firm does not have a minimum account size for new clients, and it works with individuals with and without a high net worth, as well as some retirement plan sponsors. One member of the firm's advisory staff is also a certified financial planner (CFP).

Some of the advisors at this firm can sell insurance or trade securities on a commission basis. This is a potential conflict of interest, though the firm's fiduciary duty means it must act in clients' best interests.

Winters Financial Group Background

Winters Financial Group has been in business since 1999. The firm was founded by Rick Winters, who still owns and runs the firm to this day.

Investment management and financial planning services are available together or on a separate basis. Financial planning can cover topics like retirement planning, estate planning, tax planning, insurance planning and more.

Winters Financial Group Investing Strategy

Winters Financial Group individually works with clients to build an investment strategy that works for their needs and goals. This involves speaking with clients in an in-depth manner, and working out their risk tolerance, time horizon and income and liquidity needs. As a result, the firm is open to both long-term (held for a year or longer) and short-term (held for less than a year) investments.

How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.